
Wall Street rallies after jobs report; Dow surges over 400 points, S&P 500 nears 20-year milestone
US stock marketsopened sharply higher on Friday following the release of stronger-than-expected April jobs data. The report showed that the economy added 177,000 jobs during the month, while the unemployment rate remained steady at 4.2 percent.The data boosted investor confidence and fuelled early gains across major indexes.Shortly after the opening bell, the Dow Jones Industrial…